WisdomTree, an exchange traded fund (ETF) and exchange traded product (ETP) provider, has launched a new smart beta equity ETF, called WisdomTree Japan SmallCap Dividend UCITS ETF, on the London Stock Exchange.
The fund seeks to track the price and yield performance of theETF and has a net expense ratio of 0.48 percent. According to the firm, there is growing domestic demand for Japanese small-caps, with the index’s constituents derive more than 80 percent of their weighted average revenue inside Japan, compared with 57 percent for Japanese large-caps.
The index’s methodology incorporates the f...